NCRC

“We know that when it comes to things like denial disparities, from the point of actually applying for a loan, there are disparities by race and gender, but this is really pre-application, what’s the experience of minority-owned businesses in even inquiring about a bank loan,” says Jesse Van Tol, CEO of the National Community Reinvestment Coalition (NCRC), the national network of bank watchdog and community development groups that commissioned the new research.

Do personality tests like the Myers-Briggs help managers learn their team’s working styles, or just encourage them to hire and promote people like them?

As banking services move online, many agree implementation of regulations should change—but not everyone agrees how.

For generations, racial covenants and redlining devastated housing in the city’s historically African-American neighborhoods north of Delmar Boulevard. Now a new mortgage program seeks to reduce hypervacancy and make homeownership feasible for residents.

The Trump administration on Friday proposed a new rule that would make it harder for Americans to file complaints of housing discrimination, a move officials said was necessary to protect businesses from unnecessary legal exposure.

Many studies have concluded that the CRA has a significant positive impact on lending to minority and low- and moderate-income borrowers.

The Department of Housing and Urban Development released a proposed rule Friday that would make it more difficult to bring discrimination claims under the Fair Housing Act, a move that is drawing protests from civil rights groups.

The Department of Housing and Urban Development has published a proposed rule that would amend its “disparate impact” standard to effectively make it more difficult for consumers to allege discrimination under the Fair Housing Act.

That’s when “an influx of investment and changes to the built environment lead to rising home values, family incomes and educational levels of residents,” according to the National Community Reinvestment Coalition.

Banks lend to wealthier, whiter, and urban Illinois communities while rural, lower-income, and minority areas struggle.

We sat down with Bruce Mitchell, National Community Reinvestment Coalition senior research analysis, to hear more about what their report on gentrification shows, how they’re thinking about the findings, and what the policy implications might be.